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Exercise 3-27 (Algo) Government-wide Statement of Activities [LO 3-1] The following alphabetic listing displays selected balances in the governmental activities accounts of Westover Village
Exercise 3-27 (Algo) Government-wide Statement of Activities [LO 3-1] The following alphabetic listing displays selected balances in the governmental activities accounts of Westover Village as of its June 30 fiscal year-end. Assume that the beginning net position is $1,823 (in thousands) and that there were no changes in net position during the year other than those reflected in the selected account balances shown. For simplicity, assume that the village does not have business-type activities or component units. MESTOVER VILLAGE Governmental Activities Selected Account Balances (in thousands) For the Year Ended June 30, 2023 Expenses-Culture and Recreation Expenses-General Government Expenses-Health and Sanitation Expenses-Interest on Long-term Debt Expenses-Public Safety General Revenues-Investment Earnings General Revenues-Property Taxes General Revenues-Unrestricted Grants and Contributions Program Revenue-Culture and Recreation-Charges for Services Progren Revenue-Culture and Recreation-Operating Grants: Program Revenue-General Government-Charges for Services Program Revenue-General Government-Operating Grants Program Revenue-Health and Sanitation-Charges for Services Program Revenue-Public Safety-Capital Grants Program Revenue-Public Safety-Charges for Services Program Revenue-Public Safety-Operating Grants Special Iten-Gain on Sale of Park Land Debits Credits 12,532 9,751 7,098 6,248 35,024 2,138 56,480 1,300 4,175 2,630 3,326 1,023 5,792 1,376 1,487 3,653 < Prev 5 of 30 Next > 111 03 Saved Required Prepare a (partial) statement of activities. (Enter your answers in thousands. Input all amounts as positive values.) WESTOVER VILLAGE Statement of Activities (Partial) For the Year Ended June 30, 2020 (in thousands) Functions/Programs Primary Government: Total Governmental Activities $ Expenses General Revenues: Help Save & Exit Submit Program Revenues Operating Grants Net (Expense) Revenue and Capital Grants Changes in Net Position Charges for Services $ 0 D 0 05 0 S 05 0 0 Total Governmental Activities $ General Revenues: Total general revenues Total general revenues and special items Change in net position Net position-July 1, 2022 Net position-June 30, 2023 05 05 0 $ 0 $ 0 0 $ 0 36 Saved Help Save The following alphabetic listing displays selected balances in the governmental activities accounts of Westover Village as of its June 30 fiscal year-end. Assume that the beginning net position is $1,823 (in thousands) and that there were no changes in net position during the year other than those reflected in the selected account balances shown. For simplicity, assume that the village does not have business-type activities or component units. WESTOVER VILLAGE Governmental Activities Selected Account Balances (in thousands) For the Year Ended June 30, 2023 Expenses-Culture and Recreation Expenses-General Government Expenses-Health and Sanitation Expenses-Interest on Long-term Debt Expenses-Public Safety General Revenues-Investment Earnings General Revenues-Property Taxes General Revenues-Unrestricted Grants and Contributions Program Revenue-Culture and Recreation-Charges for Services Program Revenue-Culture and Recreation-Operating Grants Program Revenue-General Government-Charges for Services Program Revenue-General Government-Operating Grants Program Revenue-Health and Sanitation-Charges for Services Program Revenue-Public Safety-Capital Grants Program Revenue-Public Safety-Charges for Services Program Revenue-Public Safety-Operating Grants Special Item-Gain on Sale of Park Land Required Debits 12,532 Credits 9,751 7,098 6,248 35,024 2,138. 56,480 1,380 4,175 2,630 3,326 1,023 5,792 80 1,378 1,487 3,653
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